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20121202
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to work, does it? but in the clinton era when the rates went up, the 39.6 from 35 , they paid a little bit more and, guess what, the income boomed. we had 3.8% unploimed. we balanced the budget -- we had 3.8% unemployment. we balanced the budget. they opposed the tax increases in 4-. they said a disaster would result. not a single republican voted for the increases in taxes that president clinton put forward, which ultimately led to a balanced budget and paying down debt for the first time in 50 years. not one of them because they said it would bring economic disaster and instead is brought prosperity. so they brought out that old broken record, they glued it back together. maybe they put it on the -- put it in a digital format or something. but they're playing it again. it's as valid now as it was then. so it's the same old plan, stick it to the middle class, stick it to the seniors and benefit the ultrawealthy in this country. that's not a new plan. that's the same old broken record. the speaker pro tempore: the chair recognizes the gentleman from texas, mr. poe, for five minutes. mr. po
in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is not a dirty word. >> the legendary "bloomberg view" columnist -- margaret carlson. >> i had this plan for a couple weeks -- i thought, this could happen. when you said you cannot get people in the corner as the president has with the tax increase on the wealthy -- here is the plan. on december 31, the bush tax cuts expire. after you have your champagne and you are funny hats on, on january 1 at 12:01 a.m., there is a middle-class tax cut and the top rate is 39.6%, then they are cut to 37%, so republicans get their tax cut. isn't
Search Results 0 to 2 of about 3 (some duplicates have been removed)